SOS Limited (SOS) Receive Buy, $40 Price Target from Scorpio.vc

Short target, SOS Limited (NYSE: SOS) said to receive a new buy and $40 price target from scorpio.vc.

From the Scorpio report (translated)

Hidenburg research released a short selling report on SOS. The report did capture a lot of SOS’s pain points: Company address, source of mining machine, source company website, website registration time. The short report considers SOS to be a worthless company (Worth $0). However, the authenticity and purpose of its short report remain to be considered...

"With the popularity of COVID-19 vaccine and economic recovery in 2021, it is believed that SOS will be able to implement the acquisition of national insurance brokers as soon as possible. As mentioned above, it can not only increase the company's qualification with a valuation of more than 30 million yuan, but also have dozens or even hundreds of regional insurance professional agencies and insurance brokers at the same time! And with the advent of the global cryptocurrency craze in 2021, it is believed that SOS's cryptocurrency sector will also achieve excellent results under the leadership of Dr. Yan Huazhong."

To sum up, our organization gives a stock valuation of $40 for SOS."

LINK to Report

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